{"id":217,"date":"2024-05-30T03:28:18","date_gmt":"2024-05-30T03:28:18","guid":{"rendered":"https:\/\/course.oeru.org\/maec103\/?page_id=217"},"modified":"2024-05-30T03:28:18","modified_gmt":"2024-05-30T03:28:18","slug":"introduction-to-trade","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/maec103\/learning-pathways\/international-trade\/introduction-to-trade\/","title":{"rendered":"Introduction to trade"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\"><div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"reading\" src=\"https:\/\/course.oeru.org\/maec103\/wp-content\/themes\/oeru_course\/idevices\/Icon_reading.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Required Readings: Introduction to Trade<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<div class=\"thumb tright\">\n<div class=\"thumbinner thumbnail\" style=\"width:302px;\"><a href=\"https:\/\/wikieducator.org\/File:Business-1676138_1920.jpg\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"\/\/wikieducator.org\/images\/thumb\/e\/ec\/Business-1676138_1920.jpg\/300px-Business-1676138_1920.jpg\" width=\"300\" height=\"175\" class=\"thumbimage img-responsive\"><\/a>  <\/p>\n<div class=\"thumbcaption\">International Economics<\/div>\n<\/div>\n<\/div>\n<p>Before moving on, it is best that you take some time and get a grasp on some of the fundamentals of international trade and economics.\n<\/p>\n<p>Read <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/learn.saylor.org\/pluginfile.php\/31758\/mod_resource\/content\/2\/ECON102-VeronicaGuerrieri-InternationalEconomics-CCBYNCSA.pdf\">MIT: Veronica Guerrieri&#8217;s &#8220;Principles of Macroeconomics, L20-L22: International Economics&#8221;<\/a> lecture notes, which provide a comprehensive overview of international trade. This resource expands on what you learned earlier in the course, including the application of fiscal and monetary policies to international trade, the relevance of inflation, and a set of factors affecting imports and exports. You will gain a broader, deeper, and perhaps more objective perspective on trade-related issues.\n<\/p>\n<p>Once you&#8217;re finished your reading, jot down any of your reflections, thoughts or questions on this subject in a WeNotes post.\n<\/p>\n<\/p>\n<div><p>You must be logged in to post to WEnotes.<\/p><\/div>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/p>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.018 seconds\nReal time usage: 0.021 seconds\nPreprocessor visited node count: 113\/1000000\nPreprocessor generated node count: 818\/1000000\nPost\u2010expand include size: 3675\/2097152 bytes\nTemplate argument size: 2201\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:177101-0!*!*!*!*!2!* and timestamp 20240530025622 and revision id 1043224\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/maec103\/learning-pathways\/international-trade\/introduction-and-objectives\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/maec103\/learning-pathways\/international-trade\/absolute-and-comparative-advantages\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Macroeconomics_monetary_policy\/Introduction_to_trade\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"fa19a3a1e7261c138c4f42877c79fb90\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Macroeconomics_monetary_policy\/Introduction_to_trade\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"fa19a3a1e7261c138c4f42877c79fb90\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>\u2190 Previous Next \u2192<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":213,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-217","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/comments?post=217"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/217\/revisions"}],"predecessor-version":[{"id":218,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/217\/revisions\/218"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/213"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/media?parent=217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}